Most of the time when we talk about CPF contribution, we are usually thinking more of the Employer / Employee contributions. Let’s not forget, CPF contributions for freelancers or Self-Employed is equally important for retirement planning. This interesting question just popped up today: Can RSTU cash top-up to SA be withdrawn from age 55 onward after meeting FRS (or BRS with property pledge) in RA account? There are 3 objectives of building up the firepower in your CPF account:

• Enjoy a larger sum of money at a higher interest-bearing account in your CPF
• Maximise tax reliefs by doing RSTU cash top-ups
• Increase the CPF LIFE monthly payouts in time to come, which is supported by annuity premium paid from your RA monies.

How much can I withdraw from age 55? From age 55, you can withdraw up to $5,000 from your Special and Ordinary Accounts, or your CPF savings after you have set aside your Full Retirement Sum in your Retirement Account, whichever is higher....